04/02/2019 The semi-submersible Catarina, owned by Petroserv, will operate for ENI in Indonesia, carrying out the Merakes field development campaign. The Italian oil company and the Brazilian drilling company signed a letter of intent to charter the unit. The rig will be chartered for two years. The companies do not reveal the value of the... Continue Reading →
Shell Brazil president signals oil company’s appetite to continue expanding its exploration portfolio in Brazil
April 2, 2019 An active participant in the last rounds of the ANP, Shell is expected to continue with the expansion of its exploration and production portfolio in Brazil in 2019. In an interview with BE Petróleo, the Brazil oil company's president signaled that the company is willing to invest in the largest number of... Continue Reading →
ANP defines timeline for Transfer of Rights auction roadshow
01/ 04/2019 The Transfer of Rights auction roadshow will be carried out between the end of May and the beginning of June. The timeline was informed to BE Petróleo by ANP director Felipe Kury. He anticipated that the proposal is to give a period of three to four months to analyze the data. The roadshow... Continue Reading →
Petrobras could be fined for not exploring Jequitinhonha pre-salt
01/04/19 The ANP rejected a request from Petrobras for cancellation of the firm commitment of the Discovery Assessment Plan (PAD) of the well 1-BRSA-768-BAS, in the pre-salt of the Jequitinhonha Basin. The operator based its request on the difficulty to obtain environmental license. The PAD was approved by the ANP with a firm commitment to... Continue Reading →
CGG was the best ranked in a Petrobras bid to contract a seismic campaign in the Campos Basin
01/04/19 CGG was the best ranked in a Petrobras bid to contract a seismic campaign in the Campos Basin. The scope foresees the acquisition of 3D streamer data and 4D multiazimute in the fields of Albacora, Marlim and Voador. Last week, the oil company reported that it requested the Ibama license to conduct the seismic... Continue Reading →
Report: Saipem in talks to sell drilling business
Saipem is reportedly in talks to divest its drilling businesses, both onshore and offshore, according to a report by Bloomberg published on Friday. According to the financial news giant, the Italian oilfield services provider is in discussions with interested parties to divest its drilling units in two separate transactions. Bloomberg based its report on information... Continue Reading →
SMD Quasar WROV Dives 5.7 Kilometers Deep
Soil Machine Dynamics (SMD) has recently completed sea trials on its deep-sea Quasar work-class remotely operated vehicle (WROV). The 6000-meters-rated WROV, complemented with an electric drive dual-purpose winch and launch and recovery system (LARS), reached the seabed at 5,760 meters during the trials. Continue reading
Yinson moves to acquire Singapore’s Ezion
Malaysia’s FPSO services provider Yinson Holdings has decided to acquire Singapore’s liftboat operator Ezion Holdings. Yinson Eden, a subsidiary of Yinson Holdings, on March 31, 2019, entered into a conditional debt conversion agreement and conditional option agreement, with Ezion Holdings with the intention to acquire Ezion Holdings group by striking a deal with the group’s lenders.... Continue Reading →
Brazil’s Petrobras to take part in Israeli gas tender: Israeli minister
Brazilian state-run oil firm Petrobras will take part in Israel’s latest tender for offshore oil and gas exploration, Israel’s energy minister said on Sunday. Yuval Steinitz announced the agreement as Brazilian President Jair Bolsonaro began a four-day visit to Israel. Continue reading
Petrobras Filing of 2018 Form 20-F
Rio de Janeiro, March 29, 2019 – Petróleo Brasileiro S.A. – Petrobras reports that today it filed its 2018 Form 20-F with the U.S. Securities and Exchange Commission (SEC). Form 20-F is a SEC requirement and must be filed annually by foreign issuers with shares traded on US stock exchanges, pursuant to U.S. securities’ market... Continue Reading →